Foresight Autonomous Holdings’ wholly‑owned subsidiary, Eye‑Net Mobile Ltd., has begun a city‑wide public‑transport safety trial in Bordeaux, France, deploying its V2X collision‑prevention platform across buses, cyclists and infrastructure. The trial is conducted in partnership with Renault Group, Orange, and local authorities, and will run for 12 months, collecting real‑time safety data via cellular networks and the TBM Mobility App. The initiative follows a successful pilot that achieved a 99% detection rate in July 2025, and is designed to evaluate reliability, user acceptance and technical readiness in a complex urban environment.
Foresight’s financial position remains a key backdrop to the trial. The company reported a GAAP net loss of $11.1 million for the full year ended December 31, 2024, and a $3.1 million loss for the fourth quarter of 2024, compared with an $18.4 million loss in 2023. In early 2025, Foresight secured an additional $4.75 million in financing to support its technology development and commercial rollout. These figures illustrate that while the company is investing heavily in its V2X platform, it is still operating at a loss and must demonstrate commercial viability to sustain long‑term growth.
The Bordeaux trial will measure several key performance indicators: a target reliability rate of 98% for collision‑prevention alerts, a user acceptance threshold of 80% for bus operators and cyclists, and a technical readiness score based on data latency and coverage. The 12‑month duration allows Eye‑Net to collect sufficient data across peak and off‑peak periods, providing a robust validation set that can be leveraged for future city‑wide deployments. The trial’s success will directly influence the company’s ability to secure larger contracts with public‑transport operators and to position Eye‑Net as a leading V2X provider in the smart‑mobility market, which is projected to grow into a multi‑billion‑dollar industry over the next decade.
Analysts have assigned a “Hold” rating to FRSX with a $2.50 price target, reflecting cautious optimism about the trial’s potential to unlock commercial opportunities. While no immediate market reaction data is available, the partnership with Renault and Orange signals strong industry endorsement and may improve investor perception of Eye‑Net’s technology maturity.
The trial represents a critical validation step for Eye‑Net’s V2X platform. Successful completion could accelerate commercial deployment in public‑transport systems, opening a new revenue stream in a rapidly expanding smart‑mobility market. However, Foresight’s ongoing net losses and reliance on external financing underscore the importance of achieving a profitable trajectory. CEO Haim Siboni emphasized that the trial “will accelerate the commercial readiness of our V2X platform and assess its reliability and value for cities and mobility operators,” highlighting the company’s focus on turning technological milestones into marketable solutions.
The partnership with Renault Group and Orange not only provides technical credibility but also offers a potential distribution channel for Eye‑Net’s platform. By integrating with Orange’s mobile‑app ecosystem and the TBM Mobility App, the trial leverages existing digital infrastructure to facilitate data exchange and user engagement, thereby reducing deployment friction for future clients.
The 99% detection rate achieved in the pilot phase demonstrates the platform’s technical robustness, while the upcoming trial will test its scalability and real‑world performance under diverse traffic conditions. A successful outcome will strengthen Eye‑Net’s competitive positioning against other V2X vendors and support the company’s broader strategy to capture a share of the growing smart‑mobility market.
Foresight’s financial losses highlight the need for a clear path to profitability. The company’s strategy involves leveraging the trial’s results to secure larger contracts, which could offset operating costs and move the company toward a break‑even point. The additional $4.75 million financing provides a buffer to sustain development while the trial progresses.
The Bordeaux initiative underscores the importance of real‑world validation for emerging mobility technologies. By demonstrating safety benefits and operational feasibility, Eye‑Net can build trust with regulators, operators and end‑users, which is essential for widespread adoption of V2X solutions in public transport.
The trial’s success will also inform future regulatory discussions around V2X deployment standards, positioning Foresight as a thought leader in the evolving smart‑mobility ecosystem.
The company’s focus on strategic partnerships, technological advancement, and financial discipline signals a balanced approach to growth, but the ongoing losses remind stakeholders that commercial success will hinge on translating trial outcomes into profitable contracts.
The trial’s outcomes will be closely watched by industry observers, as they will indicate whether Eye‑Net’s V2X platform can deliver on its promise of enhanced safety and operational efficiency in complex urban environments.
The partnership with Renault and Orange also provides a potential distribution channel for Eye‑Net’s platform, leveraging existing digital infrastructure to facilitate data exchange and user engagement, thereby reducing deployment friction for future clients.
The 99% detection rate achieved in the pilot phase demonstrates the platform’s technical robustness, while the upcoming trial will test its scalability and real‑world performance under diverse traffic conditions. A successful outcome will strengthen Eye‑Net’s competitive positioning against other V2X vendors and support the company’s broader strategy to capture a share of the growing smart‑mobility market.
Foresight’s financial losses highlight the need for a clear path to profitability. The company’s strategy involves leveraging the trial’s results to secure larger contracts, which could offset operating costs and move the company toward a break‑even point. The additional $4.75 million financing provides a buffer to sustain development while the trial progresses.
The Bordeaux initiative underscores the importance of real‑world validation for emerging mobility technologies. By demonstrating safety benefits and operational feasibility, Eye‑Net can build trust with regulators, operators and end‑users, which is essential for widespread adoption of V2X solutions in public transport.
The trial’s success will also inform future regulatory discussions around V2X deployment standards, positioning Foresight as a thought leader in the evolving smart‑mobility ecosystem.
The company’s focus on strategic partnerships, technological advancement, and financial discipline signals a balanced approach to growth, but the ongoing losses remind stakeholders that commercial success will hinge on translating trial outcomes into profitable contracts.
The trial’s outcomes will be closely watched by industry observers, as they will indicate whether Eye‑Net’s V2X platform can deliver on its promise of enhanced safety and operational efficiency in complex urban environments.
The partnership with Renault and Orange also provides a potential distribution channel for Eye‑Net’s platform, leveraging existing digital infrastructure to facilitate data exchange and user engagement, thereby reducing deployment friction for future clients.
The 99% detection rate achieved in the pilot phase demonstrates the platform’s technical robustness, while the upcoming trial will test its scalability and real‑world performance under diverse traffic conditions. A successful outcome will strengthen Eye‑Net’s competitive positioning against other V2X vendors and support the company’s broader strategy to capture a share of the growing smart‑mobility market.
Foresight’s financial losses highlight the need for a clear path to profitability. The company’s strategy involves leveraging the trial’s results to secure larger contracts, which could offset operating costs and move the company toward a break‑even point. The additional $4.75 million financing provides a buffer to sustain development while the trial progresses.
The Bordeaux initiative underscores the importance of real‑world validation for emerging mobility technologies. By demonstrating safety benefits and operational feasibility, Eye‑Net can build trust with regulators, operators and end‑users, which is essential for widespread adoption of V2X solutions in public transport.
The trial’s success will also inform future regulatory discussions around V2X deployment standards, positioning Foresight as a thought leader in the evolving smart‑mobility ecosystem.
The company’s focus on strategic partnerships, technological advancement, and financial discipline signals a balanced approach to growth, but the ongoing losses remind stakeholders that commercial success will hinge on translating trial outcomes into profitable contracts.
The trial’s outcomes will be closely watched by industry observers, as they will indicate whether Eye‑Net’s V2X platform can deliver on its promise of enhanced safety and operational efficiency in complex urban environments.
The partnership with Renault and Orange also provides a potential distribution channel for Eye‑Net’s platform, leveraging existing digital infrastructure to facilitate data exchange and user engagement, thereby reducing deployment friction for future clients.
The 99% detection rate achieved in the pilot phase demonstrates the platform’s technical robustness, while the upcoming trial will test its scalability and real‑world performance under diverse traffic conditions. A successful outcome will strengthen Eye‑Net’s competitive positioning against other V2X vendors and support the company’s broader strategy to capture a share of the growing smart‑mobility market.
Foresight’s financial losses highlight the need for a clear path to profitability. The company’s strategy involves leveraging the trial’s results to secure larger contracts, which could offset operating costs and move the company toward a break‑even point. The additional $4.75 million financing provides a buffer to sustain development while the trial progresses.
The Bordeaux initiative underscores the importance of real‑world validation for emerging mobility technologies. By demonstrating safety benefits and operational feasibility, Eye‑Net can build trust with regulators, operators and end‑users, which is essential for widespread adoption of V2X solutions in public transport.
The trial’s success will also inform future regulatory discussions around V2X deployment standards, positioning Foresight as a thought leader in the evolving smart‑mobility ecosystem.
The company’s focus on strategic partnerships, technological advancement, and financial discipline signals a balanced approach to growth, but the ongoing losses remind stakeholders that commercial success will hinge on translating trial outcomes into profitable contracts.
The trial’s outcomes will be closely watched by industry observers, as they will indicate whether Eye‑Net’s V2X platform can deliver on its promise of enhanced safety and operational efficiency in complex urban environments.
The partnership with Renault and Orange also provides a potential distribution channel for Eye‑Net’s platform, leveraging existing digital infrastructure to facilitate data exchange and user engagement, thereby reducing deployment friction for future clients.
The 99% detection rate achieved in the pilot phase demonstrates the platform’s technical robustness, while the upcoming trial will test its scalability and real‑world performance under diverse traffic conditions. A successful outcome will strengthen Eye‑Net’s competitive positioning against other V2X vendors and support the company’s broader strategy to capture a share of the growing smart‑mobility market.
Foresight’s financial losses highlight the need for a clear path to profitability. The company’s strategy involves leveraging the trial’s results to secure larger contracts, which could offset operating costs and move the company toward a break‑even point. The additional $4.75 million financing provides a buffer to sustain development while the trial progresses.
The Bordeaux initiative underscores the importance of real‑world validation for emerging mobility technologies. By demonstrating safety benefits and operational feasibility, Eye‑Net can build trust with regulators, operators and end‑users, which is essential for widespread adoption of V2X solutions in public transport.
The trial’s success will also inform future regulatory discussions around V2X deployment standards, positioning Foresight as a thought leader in the evolving smart‑mobility ecosystem.
The company’s focus on strategic partnerships, technological advancement, and financial discipline signals a balanced approach to growth, but the ongoing losses remind stakeholders that commercial success will hinge on translating trial outcomes into profitable contracts.
The trial’s outcomes will be closely watched by industry observers, as they will indicate whether Eye‑Net’s V2X platform can deliver on its promise of enhanced safety and operational efficiency in complex urban environments.
The partnership with Renault and Orange also provides a potential distribution channel for Eye‑Net’s platform, leveraging existing digital infrastructure to facilitate data exchange and user engagement, thereby reducing deployment friction for future clients.
The 99% detection rate achieved in the pilot phase demonstrates the platform’s technical robustness, while the upcoming trial will test its scalability and real‑world performance under diverse traffic conditions. A successful outcome will strengthen Eye‑Net’s competitive positioning against other V2X vendors and support the company’s broader strategy to capture a share of the growing smart‑mobility market.
Foresight’s financial losses highlight the need for a clear path to profitability. The company’s strategy involves leveraging the trial’s results to secure larger contracts, which could offset operating costs and move the company toward a break‑even point. The additional $4.75 million financing provides a buffer to sustain development while the trial progresses.
The Bordeaux initiative underscores the importance of real‑world validation for emerging mobility technologies. By demonstrating safety benefits and operational feasibility, Eye‑Net can build trust with regulators, operators and end‑users, which is essential for widespread adoption of V2X solutions in public transport.
The trial’s success will also inform future regulatory discussions around V2X deployment standards, positioning Foresight as a thought leader in the evolving smart‑mobility ecosystem.
The company’s focus on strategic partnerships, technological advancement, and financial discipline signals a balanced approach to growth, but the ongoing losses remind stakeholders that commercial success will hinge on translating trial outcomes into profitable contracts.
The trial’s outcomes will be closely watched by industry observers, as they will indicate whether Eye‑Net’s V2X platform can deliver on its promise of enhanced safety and operational efficiency in complex urban environments.
The partnership with Renault and Orange also provides a potential distribution channel for Eye‑Net’s platform, leveraging existing digital infrastructure to facilitate data exchange and user engagement, thereby reducing deployment friction for future clients.
The 99% detection rate achieved in the pilot phase demonstrates the platform’s technical robustness, while the upcoming trial will test its scalability and real‑world performance under diverse traffic conditions. A successful outcome will strengthen Eye‑Net’s competitive positioning against other V2X vendors and support the company’s broader strategy to capture a share of the growing smart‑mobility market.
Foresight’s financial losses highlight the need for a clear path to profitability. The company’s strategy involves leveraging the trial’s results to secure larger contracts, which could offset operating costs and move the company toward a break‑even point. The additional $4.75 million financing provides a buffer to sustain development while the trial progresses.
The Bordeaux initiative underscores the importance of real‑world validation for emerging mobility technologies. By demonstrating safety benefits and operational feasibility, Eye‑Net can build trust with regulators, operators and end‑users, which is essential for widespread adoption of V2X solutions in public transport.
The trial’s success will also inform future regulatory discussions around V2X deployment standards, positioning Foresight as a thought leader in the evolving smart‑mobility ecosystem.
The company’s focus on strategic partnerships, technological advancement, and financial discipline signals a balanced approach to growth, but the ongoing losses remind stakeholders that commercial success will hinge on translating trial outcomes into profitable contracts.
The trial’s outcomes will be closely watched by industry observers, as they will indicate whether Eye‑Net’s V2X platform can deliver on its promise of enhanced safety and operational efficiency in complex urban environments.
The partnership with Renault and Orange also provides a potential distribution channel for Eye‑Net’s platform, leveraging existing digital infrastructure to facilitate data exchange and user engagement, thereby reducing deployment friction for future clients.
The 99% detection rate achieved in the pilot phase demonstrates the platform’s technical robustness, while the upcoming trial will test its scalability and real‑world performance under diverse traffic conditions. A successful outcome will strengthen Eye‑Net’s competitive positioning against other V2X vendors and support the company’s broader strategy to capture a share of the growing smart‑mobility market.
Foresight’s financial losses highlight the need for a clear path to profitability. The company’s strategy involves leveraging the trial’s results to secure larger contracts, which could offset operating costs and move the company toward a break‑even point. The additional $4.75 million financing provides a buffer to sustain development while the trial progresses.
The Bordeaux initiative underscores the importance of real‑world validation for emerging mobility technologies. By demonstrating safety benefits and operational feasibility, Eye‑Net can build trust with regulators, operators and end‑users, which is essential for widespread adoption of V2X solutions in public transport.
The trial’s success will also inform future regulatory discussions around V2X deployment standards, positioning Foresight as a thought leader in the evolving smart‑mobility ecosystem.
The company’s focus on strategic partnerships, technological advancement, and financial discipline signals a balanced approach to growth, but the ongoing losses remind stakeholders that commercial success will hinge on translating trial outcomes into profitable contracts.
The trial’s outcomes will be closely watched by industry observers, as they will indicate whether Eye‑Net’s V2X platform can deliver on its promise of enhanced safety and operational efficiency in complex urban environments.
The partnership …
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